Trading hours may be affected by U.S. bank holidays. You will be notified in advance by email.

Trading Close

GOLD

In relation to each Trading Day, 6:00 a.m. Hong Kong Time
(or 5:00 a.m. Hong Kong Time, during Eastern Daylight Time Period)

SILVER

GOLD_M

In relation to each Trading Day, 5:45 a.m. Hong Kong Time
(or 4:45 a.m. Hong Kong Time, during Eastern Daylight Time Period)

GOLD_L

SILVER_M

Scheduled Maintenance

Eastern Standard Time Period

Saturday 7:00 a.m. to Monday 7:00 a.m. (HKT)

Eastern Daylight Time Period

Saturday 7:00 a.m. to Monday 6:00 a.m. (HKT)

Fees

Account Opening Fee

Free

Dormant Account Maintenance Fee

10USD for accounts which have no trades, deposits or withdrawals in 6 consecutive months

Auto-Closeout Fee

NIL

Margin Rules

Account Currency

USD only

Minimum Initial Deposit

NIL

Required Margin

GOLD

0.5% of currency contract value (in USD)

SILVER

1% of currency contract value (in USD)

Maximum Leverage

GOLD

200 times

SILVER

100 times

Margin Call

No margin call will be issued.

Auto-Closeout

Your Positions will be closed out automatically if net equity falls below 60% of margin ratio in USD.

Order Features

Bullion Quotes

Two way pricing - Sell and Buy

Trading Platform

MT4MT4 for iOS and Android powered devices

Our operators will not accept any orders via phone or other means except for system and / or internet failure.

Order Type

One-Click Order / Market Order / Limit Order / Stop Order / Take Profit Order / Stop Loss Order

Minimum Limit/Stop Distance

GOLD

0.5

SILVER

0.05

Expiry Type

Good-Till-Cancelled (GTC)
Good-Till-Date (GTD)

Deviation(Slippage)

1pip equals to 0.1USD

Hedging

This is an optional feature.

Although it is a convenient feature to enter hedged trades at the same time, we do not recommend the usage of the feature to our users. You should be aware of the various factors that could affect your account balance as a result of executing such hedged trades:

- Possible negative spread (i.e., rollover charges may be higher than rollover accruals) if hedged positions are held overnight; or

- You will be subject to twice the usual trading cost when closing these hedged trades.

You will only be required to hold one set of Margin for hedging trades, with this amount being the average required margin for the two hedging positions.
There must be sufficient Margin in your trading account in order to open the hedging position.

It will be your responsibility to continually monitor your positions and Z.com Bullion will be not liable for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of this feature.

Cash-on-Delivery (Physical Settlement)

Not available

Settlement & Rollover

Profit / Loss Settlement

Realised trading profit/loss will be settled (i.e., credited to or debited from the cash balance) at Trading Close.

Rollover

The realised amount will be settled (i.e., credited to or debited from the cash balance) at Trading Close.

Please note that "3-day" rollover will be applied to all open positions at trading close on Wednesdays. U.S. bank holidays may also affect the number of days worth for each rollover.

Rollover rates for each product are clearly detailed on the MetaTrader 4 platform. You may check the debited or credited rollover amount under Account History on the platform (For more details, please refer to our MT4 user guide). Alternatively, you may check the rollover amount applied to your open positions via the Client Statement which is emailed to you after each trading close.

Service relating to Over-the-counter Gold Bullion/Silver trading is provided by GMO-Z.com Bullion HK Limited. Over-the-counter Gold Bullion/Silver ("Bullion") trading carries a high degree of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Bullion is not regulated by the Securities and Futures Commission ("SFC") and therefore trading Bullion will not be subject to rules or regulations promulgated by the SFC which includes but is not limited to Client Money rules. Before deciding to trade Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment or even more in extreme circumstances (such as Gapping underlying markets) and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading Bullion, and seek advice from an independent financial advisor if you require.

RISK OF TRADING IN LEVERAGED FOREIGN EXCHANGE CONTRACTS:

Service relating to leveraged foreign exchange trading is provided by GMO-Z.com Forex HK Limited. The risk of loss in leveraged foreign exchange trading can be substantial. You may sustain losses in excess of your initial margin funds. Placing contingent orders, such as "stop-loss" or "limit" orders, will not necessarily limit losses to the intended amounts. Market conditions may make it impossible to execute such orders. You may be called upon at short notice to deposit additional margin funds. If the required funds are not provided within the prescribed time, your position may be liquidated. You will remain liable for any resulting deficit in your account. You should therefore carefully consider whether such trading is suitable in light of your own financial position and investment objectives.

COLLECTION OF PERSONAL INFORMATION

Use of "cookies" Your visit to this site may be recorded for analysis on the number of visitors to the site and general usage patterns. Some of this anonymous information(i.e. your age,gender and interests) will be gathered through the use of "cookies". Cookies are small bits of information that are automatically stored on a person's web browser in their computer that can be retrieved by this site. Should you wish to disable these cookies you may do so by changing the setting on your browser. However, you will be unable to enter certain part(s) of our website. If we do ask you to provide personal information, we will always specify the purpose for which such personal information is collected and ensure that it is only used for the purpose specified at the time of collection.